117
117
Dec 9, 2013
12/13
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BLOOMBERG
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the call this the right now a economy. -- we call this the right now economy. customers usually screw this up. they do not get the local behavior quite right. let's break. -- >> right. outle are quickly figuring how to take full advantage of it. look at companies in the portfolio. they figure out how to make the mobile experience so good that you will find what you want to buy in by it. that is the conversion rates on mobile. >> i noticed on the amazon site, the mobile experience is quite different. about the talked years they have done things to encourage more like bruce. use a simple is better than offering more choices? >> right. look at the most successful things on the mobile commerce. very simple. they give you the right choices. because of that, you convert touch better. true of the amazon mobile app, too. th i am not into on -- in dep about fab. but i see rollout stories. could you lay out how this is successful, because it is different from what i have been reading. >> every company goes through evolutions and changes. what they have done really well i
the call this the right now a economy. -- we call this the right now economy. customers usually screw this up. they do not get the local behavior quite right. let's break. -- >> right. outle are quickly figuring how to take full advantage of it. look at companies in the portfolio. they figure out how to make the mobile experience so good that you will find what you want to buy in by it. that is the conversion rates on mobile. >> i noticed on the amazon site, the mobile experience is...
146
146
Dec 5, 2013
12/13
by
BLOOMBERG
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the government recognizes that and is slowly trying to shift the emphasis to the consumer economy. but they have not broken up enterprise. does the 4g license that the government has now given china mobile, which enables them to potentially sign a deal with apple finally, how does that play into this? mobile ist that china first out of the gate with 4g is very helpful to them. china mobile has suffered from a skewed policy of industrial, home country champion with the chinese three g standard. into a as they move standard that is akin to global 4g, we see the iphone regaining momentum and the ability to soak up the strong demand for smart phones. >> you are saying the government held china mobile back. >> china mobile was held back because the chinese government anointed this dubious -- anointed it to this dubious prize of three g. chinese consumers are increasingly in the driving seat. the government is beginning to recognize that. it is not happening overnight, but incrementally you can see the government bowing to the fact that consumers will make their own choices. we will keep
the government recognizes that and is slowly trying to shift the emphasis to the consumer economy. but they have not broken up enterprise. does the 4g license that the government has now given china mobile, which enables them to potentially sign a deal with apple finally, how does that play into this? mobile ist that china first out of the gate with 4g is very helpful to them. china mobile has suffered from a skewed policy of industrial, home country champion with the chinese three g standard....
105
105
Dec 9, 2013
12/13
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BLOOMBERG
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eye 105
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account for a large part of the united states economy. how is the government likely to respond? >> this has a wholly new voice to the privacy debate. i've see advocates and members of that type of the advocates and members have taken a printable stand. we have the companies weighing in. congress doesn't listen. the president is -- congress and does a listen. -- the president is expecting a report. early next year, we will see action on it. said he is tobama get the nsa to impose self- restraint. let's take a listen. >> i will be proposing some tof-restraint on the nsa and initiate some reform to give people were confidence. i wanted everybody to be clear -- the people at the nsa generally are looking out for the safety of the american people and not interested in reading your e-mails and not interested in reading your text messages. >> president obama speaking on hardball. what kind of reforms do you imagine the president is talking about? >> the way he phrases it as self-restraint will not be enough. the nsa internally has privacy rules that it violates on a regular basis. it c
account for a large part of the united states economy. how is the government likely to respond? >> this has a wholly new voice to the privacy debate. i've see advocates and members of that type of the advocates and members have taken a printable stand. we have the companies weighing in. congress doesn't listen. the president is -- congress and does a listen. -- the president is expecting a report. early next year, we will see action on it. said he is tobama get the nsa to impose self-...
76
76
Dec 8, 2013
12/13
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BLOOMBERG
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in europe this year, we saw that the economy was slowing down. we had to compensate. the team really fights when those things happen to try to compensate for the macro. we try to compensate by being more aggressive and getting more merchants and doing more promotions. we are their share of checkout volume. when we have macro events, the team tries to compensate. >> in the u.s., your growth is hard to see at a macro level. what are you seeing on the economic environment? >> this quarter was slow to start. if you look at the holiday shopping season, it was pushed late. other than that, things are looking better and better. >> you have done so many acquisitions. talk to me about beacon. we were just talking about this. how do you describe it? >> we want to change how people shop. people love shopping. they hate paying. >> is that because they are cheap? >> everybody is like that. we want to remove the friction and make a completely invisible to pay. with beacon, we did that. you can go into a coffee shop, like you did, and you just walk in. your phone vibrates, so you kn
in europe this year, we saw that the economy was slowing down. we had to compensate. the team really fights when those things happen to try to compensate for the macro. we try to compensate by being more aggressive and getting more merchants and doing more promotions. we are their share of checkout volume. when we have macro events, the team tries to compensate. >> in the u.s., your growth is hard to see at a macro level. what are you seeing on the economic environment? >> this...
114
114
Dec 7, 2013
12/13
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BLOOMBERG
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in europe, the economy was slowing down. we had to compensate. generally the team really fights when those things happens to try to compensate for the macro. >> how do you compensate? >> be more aggressive and getting more merchants and doing more promotions. when we have macro events, they try to compensate. >> it is hard to see anything at a macro level. what are you staying in terms of the economic environment in the u.s.? >> this quarter was slow to start, right? look at the holiday shopping, it was pushed late. other than that, i think things are looking better and better. >> you have done so many acquisitions and have launched many products as well. john donahoe was excitedly showing this beacon. how do you describe it? >> we want to change how people shop. people love shopping, but they hate paying. >> and it is not just because they are cheap? >> no. everyone is like that. we want to remove that friction and make it completely invisible to pay. with beacon, we did that. you can go into a coffee shop like he did earlier today and then your
in europe, the economy was slowing down. we had to compensate. generally the team really fights when those things happens to try to compensate for the macro. >> how do you compensate? >> be more aggressive and getting more merchants and doing more promotions. when we have macro events, they try to compensate. >> it is hard to see anything at a macro level. what are you staying in terms of the economic environment in the u.s.? >> this quarter was slow to start, right?...